Yes. Under NTA §29 and di Presumptive Tax Regulations 2026, turnover wey dey below ₦12,000,000.00 no go pay presumptive tax; turnover wey reach or pass dat floor go pay 1% of turnover by default, though you fit opt out of di presumptive regime and file under full self-assessment instead.
No ceiling dey above dat floor — turnover of any size go pay di same flat rate, no confirmed upper limit.
Presumptive tax no mean say you dey VAT-exempt or you get VAT liability — check di VAT calculator separately if you don register for VAT or you need to. If your business register as company instead of sole proprietorship or informal business, use di CIT calculator instead for company-specific eligibility — small company dem (turnover reach ₦50,000,000.00 under NTA §202) dey pay 0% CIT, wey you fit compare am against your presumptive tax figure using di panel up here.
No presumptive tax dey owed — di floor only apply once turnover reach or pass am.
Yes — turnover wey reach or pass di floor go pay tax by default, but you fit opt out and file under full self-assessment instead.
Yes, e free, no account dey needed. Di calculations dey run for your own phone or computer, dem no dey send am go any server.
No — na just guide, e no be tax advice.
E come from di Nigeria Tax Act 2025 — see full citations →
Not sure whether PAYE or Presumptive Tax applies to you? Read the guide.